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Segment Reporting
 3 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company applies ASC Topic 280, "Segment Reporting," which establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about operations, major customers and the geographies in which the entity holds material assets and reports revenue. An operating segment is defined as a component that engages in business activities whose operating results are reviewed by the Company’s chief executive officer, who is the chief operating decision maker (“CODM”), and for which discrete financial information is available. The Company has determined that it has three operating segments, two of which are related to the Company’s PACE offering. The PACE-related operating segments are based on two geographic divisions, which are West and East. Due to the similar economic characteristics, nature of services, and customers, we have aggregated our West and East operating segments into one reportable segment for PACE. The Company’s remaining operating segment primarily relates to Senior Housing, which is an immaterial operating segment, and shown below as "Other" along with certain corporate unallocated expenses.
The Company evaluates performance and allocates capital resources to each segment based on an operating model that is designed to maximize the quality of care provided and profitability. The Company does not review assets by segment and therefore assets by segment are not disclosed below. For the periods presented, all of the Company’s long-lived assets were located in the United States and all revenue was earned in the United States.
The Company’s management uses Center-level Contribution Margin as the measure for assessing performance of its segments. Center-level Contribution Margin is defined as total segment revenues less external provider costs and cost of care (excluding depreciation and amortization). The Company allocates corporate level expenses to its segments with a majority of the allocation going to the PACE segment.
The following table summarizes the operating results regularly provided to the CODM by reportable segment for the three months ended September 30, 2023 and 2022:
September 30, 2023September 30, 2022
(In thousands)PACE
All other(1)
TotalsPACE
All other(1)
Totals
Capitation revenue$182,173 $— $182,173 $170,931 $— $170,931 
Other service revenue86 226 312 77 210 287 
Total revenues182,259 226 182,485 171,008 210 171,218 
External provider costs99,358 — 99,358 96,237 — 96,237 
Cost of care, excluding depreciation and amortization55,097 153 55,250 53,411 146 53,557 
Center-Level Contribution Margin27,804 73 27,877 21,360 64 21,424 
Overhead costs(2)
34,317 9 34,326 34,574 20 34,594 
Depreciation and amortization4,157 112 4,269 3,326 107 3,433 
Interest expense, net616 45 661 557 46 603 
Other income(643)— (643)(37)— (37)
Loss Before Income Taxes$(10,643)$(93)$(10,736)$(17,060)$(109)$(17,169)
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(1)Center-level Contribution Margin from segments below the quantitative thresholds are primarily attributable to the Senior Housing operating segment of the Company. This segment has never met any of the quantitative thresholds for determining reportable segments.
(2)Overhead consists of the Sales and marketing and Corporate, general and administrative financial statement line items.